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Viewing posts from: February 2016

Get smart. Get organised.

Posted by Charlotte Morley in Accounts, Business, Free Friday, Marketing, Tips, Xero | 0 comments

At The Business Hut we love lists, neatly coloured folders and a tidy desk. But we realise it’s not always that simple.

We’ve put together just a few tips on how you can get organised for the year ahead. Perhaps it’s a new tax year and you’re determined to make it a little easier on yourself this year. If you need some help with the mountain of adminBookkeeping or your next Tax Return, get in touch…

We couldn’t talk organisation and preparation without mentioning our favourite organiser – Monica “I just happen to have my label maker” Geller.

Click and play for a giggle…

The Business Hut’s Top 5 Organisational Tips

1. Clean, organise and tidy your desk!
Like we always say, “tidy desk, tidy mind”! The smallest of changes can really make a difference to your working day. Get rid of old paperwork from 2012, invest in some pretty files and get them labelled! And never put the word “Misc” on any file – once you put it down you’re likely to completely forget what random items are on it anyway! If you can say out loud what the file is, you have your label.

2. Get on the cloud
Develop an electronic system or make a small investment in Xero. A little bit of organisation can really make a huge difference when it comes to your taxes. You’ve just been through the process, so by now you should know what you need to do to get organised. We can help with everything from conversion to training!

3. Keep a file handy for loose receipts
It could be on your desk at work, in your car or stuck to your fridge at home, but having this on hand for those loose receipts will be a saviour. It will help to minimise lost receipts and save you time searching high and low for missing ones when tax time creeps up on you. With Xero you can also add them via your camera on your smartphone – so no more lost receipts!

4. Ask for advice
Ask your accountant or bookkeeper for their tips. Utilise their knowledge and experience! Ask about new schemes, accountancy software and how to get organised for the coming year. Don’t forget, being more organised can you and your accountant/bookkeeper time, this saving you money!

5. Book a free consultation with The Business Hut
Come and see how we can improve your daily organisation to better help you prepare your finances and save for that tax bill.

Heres a  “A general guide to keeping records for your tax return” from HMRC. You’ll find some useful information to keeping records and preparation.

Once you’ve got your financial paperwork organised and securely stored in the cloud, we recommend keeping on top of it! The Business Hut can assist with your well-organised books and admin tasks. When your books are well organised, adding a new expense can take just two minutes, and you won’t have to worry about a pile of receipts building up on your desk.

Telephone: 01858 289189